It shall be unlawful for any owner to operate or cause to be operated any motor vehicle as part of a jitney service within the City of Anaheim, and no permit for the operation thereof shall be granted, unless there is on file with the City Clerk of Anaheim in full force and effect at all times while such motor vehicle is being operated, either:
.010 A bond of the owner of such vehicle, approved by the City Council, with a solvent and responsible surety company authorized to do business in the State of California as surety in the sum of five hundred thousand dollars conditioned that said owner will pay all loss or damage that may result to persons (including passengers in said vehicle) or property from the negligent or other operation or defective or other construction or condition of such vehicle, or from the violation of the provisions of this chapter or of any other ordinance of the City of Anaheim, or of any law of the State of California. Recovery on said bond shall be limited to two hundred fifty thousand dollars for the injury or death of one person, and to five hundred thousand dollars for the injury or death of two or more persons in the same accident, and to one hundred thousand dollars for the injury or destruction of property. Such bond shall run to the City of Anaheim, and shall inure by its terms to the benefit of any and all persons suffering loss or damage covered thereby and shall provide that suit may be brought thereon in any court of competent jurisdiction by any such person. Such bond shall not be cancelable on less than ten days' written notice to the City of Anaheim and said policy shall so expressly provide. The bond shall indemnify and hold harmless the City of Anaheim from any and all liability for any damages or claims or judgments without limitation arising from the issuance of or use of the permit, the operation of any bus, or any other act done pursuant to the issuance of said permit. The original or a verified copy of such bond shall be kept on file with the City Clerk. Said bond shall provide that there shall be a continuing liability thereon, notwithstanding any recovery thereon. If, at any time in the judgment of the City Council, said bond is not sufficient for any reason, the City Council may require such owner to replace such bond with another bond or with a policy of insurance as hereinafter provided, satisfactory to the City Council, and in default thereof, may revoke such owner's permits; or
.020 A policy of insurance, approved by the City Council, in a solvent and responsible company authorized to do business in the State of California, insuring the owner of such vehicle against loss by reason of injury or damage that may result to persons (including passengers in said vehicle) or property from the negligent or other operation or defective or other construction or condition of such vehicle, or from violation of this chapter or any other ordinance of the City of Anaheim or of any law of the State of California. Said policy may be limited to two hundred fifty thousand dollars for the injury or death of one person, and five hundred thousand dollars for the injury or death of two or more persons in the same accident, and to one hundred thousand dollars for injury or destruction of property. The original or a verified copy of such policy shall be kept on file with the City Clerk. Such policy shall not be cancelable on less than ten days' written notice to the City of Anaheim and said policy shall so expressly provide. The policy shall indemnity and hold harmless the City of Anaheim from any and all liability for any damages, claims or judgments without limitation arising from the issuance of or use of the permit, the operation of any bus, or any other act done pursuant to the issuance of said permit. Said policy of insurance shall guarantee the payment to any and all such persons suffering injury or damage to person or property, and to those entitled to recover from the death of any such person, of any final judgment rendered against such owner, within the limits above mentioned, irrespective of the financial condition of any actions or omissions of such owner, and shall inure to the benefit of such persons and those entitled to recover from the death of any such person. If, at any time, such policy of insurance shall be canceled by the company issuing the same or the authority of such company to do business in the State of California shall be revoked, or in the judgment of the City Council said company is insolvent, the City Council shall require said owner to replace such policy with another policy or bond as above provided, satisfactory to the City Council, and in default thereof may revoke such owner's permit. (Ord. 2267 § 1 (part); March 22, 1966.)